Monday, 17 June 2013

Today's Daily Report

In todays Daily Report, US futures remain largely sideways while Asian markets traded mostly upwards as currencies took a hit on increased safe haven demands.

These are your headlines
Tensions in Syria forced the US government to take forceful actions in arming Syrian rebels, this is bolstering commodity prices especially WTI crude oil.

The Federal Reserve bank meets today to discuss monetary policy actions, the market remains on edge as talk of taper could send stock prices spiraling down.

Japanese stocks begin to rise again as the yen loses value, conversely the Chinese Yuan has been seen to appreciate and adversely affect Chinese stocks.

Finch Ratings agency fears a Japanese style deflation crisis arising in China.

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Have a Great Day !!!

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